jon: high noon on the east coast, and right now president obama is in virginia. he's there to talk about, you know what it is, the sequester, right? the automatic spending cuts that kick in on friday. and how it will affect the economy. welcome, i'm jon scott. jenna: sequester, huh? jon: you heard that term before? jenna: i have. hi, everybody, i'm jenna lee. the president is focusing on the impact of cuts specifically to the military if this all happens on friday. he's on his way to visit virginia's largest industrial employer, a shipbuilder. and he's warning the sequester will put hundreds of thousands of people in the defense industry out of work. wendell goler is live in newport news, virginia, with more on this. wendellsome. >> reporter: jenna, 90,000 virginians employed by the defense department could be furloughed if there's no deal by friday. newport news is really the heart of this country's shipbuilding industry. that green circle behind me is the radar dome, the nose cone of what will one day be the nuclear submarine illinois, but work schedules here a